Excess share of land received by assessee in executing of partition deed with co-owner can’t be taxed u/s 28: ITAT

Case details: ITO v. Undavalli … Continue reading “Excess share of land received by assessee in executing of partition deed with co-owner can’t be taxed u/s 28: ITAT”

CIRP plea filed within 3 years from date of ‘offer of settlement’ was within limitation period: NCLAT

Case details: Vivekanand Jha v. … Continue reading “CIRP plea filed within 3 years from date of ‘offer of settlement’ was within limitation period: NCLAT”

SEBI amends eligibility criteria for registration of FPIs; permits AIFs set up in IFSCs as eligible FPIs

NOTIFICATION NO. SEBI/LAD-NRO/GN/2021/54, Dated 27.10.2021 … Continue reading “SEBI amends eligibility criteria for registration of FPIs; permits AIFs set up in IFSCs as eligible FPIs”

Benefit of Sec. 36(1)(vii) available even if sugarcane price fixed by State Govt is more than price fixed by Central Govt

Circular 18/2021, dated 25-10-2021 The … Continue reading “Benefit of Sec. 36(1)(vii) available even if sugarcane price fixed by State Govt is more than price fixed by Central Govt”